05/21/21 SJM executive director acquires L’Arc Macau casino Angela Leong, SJM executive director, has acquired all of the remaining shares in L’Arc Entertainment, the company behind the L’Arc Macau casino.
05/20/21 Japan: Genting Singapore could win Yokohama IR bid, analysts say After the withdrawal of Galaxy Entertainment, only four companies remain interested in developing an IR in Yokohama.
05/20/21 VCGLR criticises Crown Resorts over 2019 ad The Victorian Commission for Gaming and Liquor Regulation has criticised Crown Resorts’ board for signing an advertisement that attacked its investigation that revealed money laundering through its casinos.
05/20/21 Australia: cashless gambling proposal gains support Members of religious institutions and community service organisations have expressed their support for cashless gambling in New South Wales.
05/19/21 Sri Lanka: port city development needs public referendum Sri Lanka’s Supreme Court has rules that the China-backed port city project in Colombo requires approval by a public referendum.
05/19/21 Marina Bay Sands closes after two Covid-19 cases The casino complex has closed its doors after two workers tested positive for Covid-19.
05/18/21 Tinian Diamond Casino to open in September Authorities have granted permission for the Tinian Diamond Casino in the Northern Mariana Islands to open in September after the operator paid its $500,000 annual casino licence fee.
05/17/21 PH Resorts delays Cebu IR first phase opening to Q3 2022 PH Resorts has announced that it now plans to complete the first phase of its Cebu IR development by the third quarter of 2022.
05/15/21 Crown Resorts’ Barangaroo casino could open by October The New South Wales regulator has said Crown Resorts is on track to open its Barangaroo casino by October. The news may scupper potential buyers’ hope for a discount, JP Morgan says.
05/15/21 Metro Manila eases Covid-19 restrictions The Philippines’ president has announced Metro Manila will move to general community quarantine until May 31. It is still unknown if casinos will open their doors.
05/15/21 Belle Corp revenue down 3.1% in Q1 Belle Corp has reported that first quarter gaming revenue fell 3.1 per cent year-on-year to PHP431.1m (US$9m).
05/13/21 Galaxy Entertainment revenue up 5.6% in Q1 Galaxy Entertainment has experienced a slight recovery in gaming revenue thanks to the increase in visitor arrivals.
05/13/21 Japan: Suncity Group withdraws from Wakayama IR bid Wakayama’s IR bid is at risk after Suncity Group’s decision to pull out of the process.
05/13/21 Victoria’s Royal Commission to examine Crown staff arrests in China The Royal Commission chaired by former Federal Court judge Raymond Finkelstein will analyse the 2016 episode in which 19 Crown execs were arrested in China.
